SASS & LARSEN ApS — Credit Rating and Financial Key Figures

CVR number: 10738040
Vestergårdsvej 6, 2670 Greve
tel: 44982478

Company information

Official name
SASS & LARSEN ApS
Established
1987
Company form
Private limited company
Industry

About SASS & LARSEN ApS

SASS & LARSEN ApS (CVR number: 10738040) is a company from GREVE. The company recorded a gross profit of -173 kDKK in 2023. The operating profit was -173 kDKK, while net earnings were -14.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -277.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -98.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SASS & LARSEN ApS's liquidity measured by quick ratio was 68.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 333.31-1 632.36100.33- 129.15- 172.97
EBIT- 333.31-1 632.36100.33- 129.15- 172.97
Net earnings-53 282.9019 550.562 684.45-61 178.65-14 636.15
Shareholders equity total-58 885.00-39 334.44-36 649.99-97 828.64- 112 464.79
Balance sheet total (assets)24 175.2347 942.0666 105.689 124.031 418.95
Net debt-13 246.65-6 685.38-19 323.6140 251.7152 374.50
Profitability
EBIT-%
ROA8.7 %30.9 %7.0 %7.1 %-0.2 %
ROE-99.9 %54.2 %4.7 %-162.6 %-277.6 %
ROI66.6 %55.6 %7.1 %9.9 %-0.3 %
Economic value added (EVA)4 092.612 540.154 485.975 034.725 207.27
Solvency
Equity ratio-70.9 %-45.1 %-35.7 %-91.5 %-98.8 %
Gearing-14.5 %-104.9 %-127.6 %-50.3 %-46.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.339.33 793.3488.868.9
Current ratio0.339.33 793.3488.868.9
Cash and cash equivalents21 800.5647 942.0666 105.688 938.499.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-0.16%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-98.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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